Shane Writes: flipping through the "news"
This is why the only mutualist I follow is Baker.
The rest of you are angry for the sake of being angry. You don’t even know what you’re angry at.
I’m not even a mutualist, but I can understand why people get angry when dealing with capitalists.
“leeching surplus value.” /headdesk
Seriously. I don’t think that marlkarx understands that value is derived by the individual and that it varies on a person to person basis.
If you sell me X for what you deem to be fair value, let us say $5, and I happily pay you $5 because to me it has a value of $20, I didn’t “leech” $15 dollars from you. You were perfectly fine with parting with item X in exchange for $5 and I was ecstatic to find X for $15 under my perceived value.
I think if I were to ask marlkarx on what he thought about value and wealth, he’d probably assume that wealth and value were finite and that one person’s gain was a result of a loss for another.
Anyway, I’ve broken my value-extorting chains and I’m off to go on vacation. Enjoy being leeched for 2 more day until you, too, can partake on your 24 hours of government granted moratorium from the corporate cages of America, you labor-slaves of capitalist pigs!!!
oh god you poor thing you haven’t heard…
on tumblr people believe in the Labor Theory of value
I have heard. I’ve just done a good job of spectating and not stepping in it.
To me LTV falls apart when something is purchased (let’s pretend at a proper laber based value) but then it is used to create new value.
For example a guitar. It’s purchased at a labor-based cost of $20 but I use it to make a $1,000 singing on a street corner.
That guitar obviously had more value than the $20. Where did that value come from and, to a larger extent, who do I owe money to? Am I supposed to pay the original producer, after the fact, the newly gained value from the guitar? What if it was purchased as a 2nd hand good? Also, what if different purchasers have different derived values from that good? Are they supposed to pay back different rates or an equal rate, causing some to lose out and some to break even and others to profit? Do we make it illegal to gain value from these goods?
It’s just a stupid theory that doesn’t hold water.
Short URL for this post: http://tmblr.co/ZQLZWyXIomRQ